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Dec 28, 2012
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government or if you get social security checks, if you get veterans benefits, if your government pace your healthcare, all of that could be at risk if there's not enough money or borrowing authority to pay the bills. >> you mentioned the word extraordinary circumstances. what a nice afraid for what the federal government does. if we hit the debt ceiling that they can find another $200 billion in extraordinary circumstances. what is the real story on extraordinary circumstances? they look under every rock and dime we have set aside? >> eye may amazing you come up with $200 billion but that's essentially what the treasury did back in the spring of 2011 the last time we had this fight. that's what they are doing now because congress is not going to fix this by december 31st. or raise the debt ceiling by december 31st. they will take a number of what they call recurring payments and they take that interest money and reinvest it. they won't do that. they will hold on to the money and spend it on just operating the federal government. that can be costly. it cost about a billion dollars last time to go thro
government or if you get social security checks, if you get veterans benefits, if your government pace your healthcare, all of that could be at risk if there's not enough money or borrowing authority to pay the bills. >> you mentioned the word extraordinary circumstances. what a nice afraid for what the federal government does. if we hit the debt ceiling that they can find another $200 billion in extraordinary circumstances. what is the real story on extraordinary circumstances? they look...
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Dec 29, 2012
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. >> just hours after supreme court upholds president obama's healthcare law republicans already setting a date to repel it. >> whatever the politic its today's decision is a victory for people all over this country whose lives will be more secure because of this law and the supreme court decision to uphold it. >> live outside the movie theaterrer in aurora, colorado. 12 dead. 58 people injured after a gunman opened fire in the movie theater. >> tonight the tickets complete. >> i am deeply honored and excited to join you as your running mate. >> and good afternoon from new orleans where, well, it has been raining and they are waiting for isaac to come ashore. >> what do you mean shut up? okay. i accept your nomination for president of the united states. >> greta: this is a fox news alert. an american worker murdered and at least one other wounded in the american consulate in libya. >> there was a systematic failure of leadership within the state department that really contributed to what happened on september 11th. >> coastal communities are flooded up and down the eastern seaboard for h
. >> just hours after supreme court upholds president obama's healthcare law republicans already setting a date to repel it. >> whatever the politic its today's decision is a victory for people all over this country whose lives will be more secure because of this law and the supreme court decision to uphold it. >> live outside the movie theaterrer in aurora, colorado. 12 dead. 58 people injured after a gunman opened fire in the movie theater. >> tonight the tickets...
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Dec 28, 2012
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if your employer doesn't provide you with healthcare, they are going to be hit with a penalty. also, the amt tax patch, if they don't fix that, then -- alternative minimum, and that will not us. about people in the middle class who never thought they are going to get hit, they are going to find out they are well think. those are a couple things that are going to hit a number of people in this country. >> charles, let me go through it real quick and let you respond to each and every one of them, if i can. the first one will be, of course, the doc fix that kerry was just talking about. it would also mean capital gains where the capital gains rate will go as high as 55% for many americans -- i'm sorry, it will go up to 20% from 15%. estate tax goes to 50%. obamacare taxes for many individuals will be .9% on those earning over $200,000. that's another full percentage point. also we have a penalty tax will be imposed on the individuals. and also some employers. then on top of that we have, as kerry mention the, the alternative minimum tax patch. so we have five huge consequences rig
if your employer doesn't provide you with healthcare, they are going to be hit with a penalty. also, the amt tax patch, if they don't fix that, then -- alternative minimum, and that will not us. about people in the middle class who never thought they are going to get hit, they are going to find out they are well think. those are a couple things that are going to hit a number of people in this country. >> charles, let me go through it real quick and let you respond to each and every one of...
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Dec 26, 2012
12/12
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hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to the next big government bailout than meets the eye. liz macdonald tells us the white house is backing a plan to help out underwater mortgages and not just for government underwritten loans. shibani: let's take a look if you own these stocks on the nasdaq you are making money today. research in motion, netflix, a lot. dennis: the christmas movie box office cannot non-violent are rated westerns by quentin tarantino against a broadway musical based on a nineteenth century novel, was miserables and the musical won. universal's less miserables broken 18.one million dollar guarantees, tarantino break-in $15 mi
hewlett-packard doing nicely with bank of america being a top winner but on the down sides, united healthcare and boeing have been under pressure. we have seen j and j and pfizer going back and forth and microsoft had a down arrow earlier. there's a look at the nasdaq down nearly 1% and below the 3,000 mark again as well. this is the environment. certainly commodities and people talk about oil, oil is up $2 and off of highs earlier today, that is a major factor in this market. dennis: more to...
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Dec 28, 2012
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is this the latest way to cope with grief or to cut healthcare costs. >> ban adoption from one nation to the next. it's about to happen in russia. where moscow is going to approve a ban on american couples only from adopteding russian children. we just improved our trade relations with them, why are they doing this? have our relations with the putin regime deteriorated that much? senior fellow with the center of transatlantic relations at johns hopkins university. what is this really about? >> this is about vladimir putin playing to his base which is nationalistic and poor as he's losing moscow and it's about vladimir putin sending a signal to the united states that he does not want us interfering in russia's internal affairs and this is a convenient way to send that message. >> let's, explain why they would think that with this trade status improvement there was a little clause that said if someone violates human rights in russia you're not going to be able to get a vase to get in here. what is this law called? >> the magity insky bill. >> sergei died in prison. who helped kill him.
is this the latest way to cope with grief or to cut healthcare costs. >> ban adoption from one nation to the next. it's about to happen in russia. where moscow is going to approve a ban on american couples only from adopteding russian children. we just improved our trade relations with them, why are they doing this? have our relations with the putin regime deteriorated that much? senior fellow with the center of transatlantic relations at johns hopkins university. what is this really...
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Dec 28, 2012
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other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might lose their jobs won't lose immediately but all of us have less many come january 1st to spend and as we spend less money there are a bunch of companies not on that list, retailers, the money won't be out there. adam: talk to goldman sachs or barkleys too, looking at all sectors and trying to rank sectors that will get it the most and the worst, basically treasury secretary tim geithner put out the word, tax filing season will be delayed, tax refunds will be delayed, consumers won't have that money in their pockets and consumer conference is sagging but there's optimism always in the u.s. financial m
other healthcare companies as well and environmental companies such as waste management and republicans industries. these are the company's that get 50% or more of their sales from government contracts. when you see spending cuts coming you can imagine they will have to be dialing back on their own capital investment. adam: we are talking about cuts right now but then we have tax hikes. people have less money immediately. some of these will play out over the next few months. people who might...
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Dec 29, 2012
12/12
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zero heartbur occasion owned craft store locked in battle over healthcare. hobby will by says the healthcare mandate forces his company to provide morning after pill to his employees a move he clasms violates his religious beliefs. he may be importanced to pay a fee of $1.3 million per day. joining us now for the american senator of law and justice jordan. good morning to you. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not going along with obama care. why? >> that's how the law is written. and this mandate is written so that if they don't provide abort fascia's that's what they're opposed to the in hha mandate. some opposed to abortions. hobby lobby don't want to pay for abortion pills cord under the hh mandate. they will be penalized again for what costs roughly a couple of dollars per person maybe a month in their nrch plan. $100 for each of the 13,000 employees they have. just not it not giving their employees access to for free at no cost and no co-pay abort faces. that's what's at issue here. this
zero heartbur occasion owned craft store locked in battle over healthcare. hobby will by says the healthcare mandate forces his company to provide morning after pill to his employees a move he clasms violates his religious beliefs. he may be importanced to pay a fee of $1.3 million per day. joining us now for the american senator of law and justice jordan. good morning to you. >> good morning, dave. >> dave: they will be fined if the government chooses $1.3 million a day for not...
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Dec 30, 2012
12/12
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healthcare plan. >> this are cons. what are they? >> there are a couple of. because the deductibles are your obligation there are some places where there will not be a contribution from an employer in the account. you really are going to have to do individual diligence and save the money because you have to spend it before you can access insurance benefits with the exception of preventive care. >> and can't purchase over the counter drugs is that, correct? >> that was one of the tradeaways. before you could do that and now you can't. there have been a number of efforts in congress to reverse that but so far unsuccessful. >> might have high out of pocket costs on this one. >> the deductibles are where it starts. every plan in america statue statutorily lapped at 12.5. if somebody has a major illness or chronic disease 10% of $250,000 s $25,000. way more than 12.5. >> thank you for joining us. >> thank you for having me. >> we will have more information on our website. coming up, looking back at the best of "fox and frie
healthcare plan. >> this are cons. what are they? >> there are a couple of. because the deductibles are your obligation there are some places where there will not be a contribution from an employer in the account. you really are going to have to do individual diligence and save the money because you have to spend it before you can access insurance benefits with the exception of preventive care. >> and can't purchase over the counter drugs is that, correct? >> that was...